MTECHTIPS MCX COPPER INTRADAY trading tips 15-01-2018

MTECHTIPS MCX COPPER INTRADAY trading tips 15-01-2018
MTECHTIPS The Copper is in long- medium- short-medium- term bull phase .Currently Copper is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 451-445-441-.Resistance for the Copper is 459-462- Short term and Intraday Level of COPPER Currently Copper is in HOLD LONG position Copper is in profit booking mode so either sell of or keep stop at453 so better sell and enter at lower level The Copper is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 457.8 with a stop at 450.2 Below 448.3 go for sell
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